Israel Englander Millennium Management
Israel “Izzy” Englander is the founder of Millennium Management, one of the world’s largest multi-strategy hedge fund platforms. Millennium allocates capital across hundreds of independent teams rather than a single house view, with rigorous risk controls at the platform level. Englander’s model has been highly influential in the rise of pod-shop multi-manager structures across the industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PepsiCo
PEP
|
+$192M |
| 2 |
Exelon
EXC
|
+$175M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$152M |
| 4 |
Apple
AAPL
|
+$149M |
| 5 |
FITB
Fifth Third Bancorp
FITB
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$193M |
| 2 |
AGN
Allergan plc
AGN
|
+$142M |
| 3 |
Estee Lauder
EL
|
+$135M |
| 4 |
PPL
PPL Corp
PPL
|
+$119M |
| 5 |
Ralph Lauren
RL
|
+$112M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 14.7% |
| 2 | Healthcare | 12.6% |
| 3 | Utilities | 8.91% |
| 4 | Financials | 8.66% |
| 5 | Technology | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1701
Autoliv
ALV
$9.08B
| $2.19M | 0.01% |
+28,458
| New | +$2.13M |
|
|
BYI
1702
DELISTED
BALLY TECHNOLOGIES, INC.
BYI
| $2.18M | 0.01% |
+33,196
| New | +$2.07M |
|
1703
Rockwell Medical
RMTI
$32M
| $2.17M | 0.01% |
1,648
+75
| +5% | +$90.2K |
|
|
WRI
1704
DELISTED
Weingarten Realty Investors
WRI
| $2.17M | 0.01% |
+66,175
| New | +$2.08M |
|
1705
Invesco QQQ Trust
QQQ
$486B
| $2.17M | 0.01% |
23,105
+2,138
| +10% | +$191K |
|
1706
WaFd
WAFD
$2.68B
| $2.17M | 0.01% |
96,747
+64,901
| +204% | +$1.42M |
|
1707
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
| $2.17M | 0.01% |
18,189
+9,089
| +100% | +$1.08M |
|
|
ENZY
1708
DELISTED
Enzymotec Ltd
ENZY
| $2.17M | 0.01% |
159,789
-212,269
| -57% | -$3.56M |
|
|
XOMA
1709
DELISTED
Xoma
XOMA
| $2.17M | 0.01% |
23,609
-51,185
| -68% | -$4.44M |
|
|
AXON
1710
Axon Enterprise
AXON
$49.8B
| $2.17M | 0.01% |
162,765
-46,155
| -22% | -$686K |
|
1711
CALL
Intel
INTC
$462B
| $2.16M | 0.01% |
70,000
-79,300
| -53% | -$2.17M |
|
|
ECOL
1712
DELISTED
US Ecology, Inc.
ECOL
| $2.16M | 0.01% |
44,132
+28,909
| +190% | +$1.33M |
|
|
SZMK
1713
DELISTED
SIZMEK INC COM STK (DE)
SZMK
| $2.15M | 0.01% |
226,055
+61,555
| +37% | +$603K |
|
1714
Amgen
AMGN
$239B
| $2.15M | 0.01% |
18,180
-356,260
| -95% | -$41.2M |
|
|
GLF
1715
DELISTED
GulfMark Offshore, Inc. Common Stock
GLF
| $2.15M | 0.01% |
+47,639
| New | +$2.14M |
|
|
KEG
1716
DELISTED
KEY ENERGY SERVICES INC
KEG
| $2.15M | 0.01% |
235,502
-200,931
| -46% | -$1.84M |
|
|
1717
CALL
Apple
AAPL
$4.52T
| $2.15M | 0.01% |
92,400
-16,800
| -15% | -$357K |
|
|
SYKE
1718
DELISTED
SYKES Enterprises Inc
SYKE
| $2.14M | 0.01% |
98,660
-14,485
| -13% | -$294K |
|
|
CTLP
1719
DELISTED
Cantaloupe
CTLP
| $2.14M | 0.01% |
1,014,500
+34,000
| +3% | +$68.5K |
|
1720
iShares Russell 2000 Value ETF
IWN
$14.6B
| $2.14M | 0.01% |
20,736
+4,620
| +29% | +$459K |
|
|
ENIA
1721
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $2.14M | 0.01% |
235,256
-332,263
| -59% | -$2.88M |
|
1722
Bankunited
BKU
$3.3B
| $2.14M | 0.01% |
63,830
-1,303,712
| -95% | -$43.3M |
|
1723
Comstock Resources
CRK
$4.16B
| $2.13M | 0.01% |
14,740
-9,301
| -39% | -$1.22M |
|
1724
Ares Capital
ARCC
$14.3B
| $2.12M | 0.01% |
118,911
+39,107
| +49% | +$672K |
|
|
BKMU
1725
DELISTED
Bank Mutual Corp
BKMU
| $2.12M | 0.01% |
364,749
+346,049
| +1,851% | +$2.1M |
|
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Israel Englander's Q2 2014 Portfolio in Review
As of Q2 2014, Israel Englander held 4,342 positions worth $36.1B, up 4.6% from $34.5B the previous quarter. Its ten largest holdings account for 9.6% of the portfolio.
Israel Englander's Q2 2014 filing shows 944 new, 1,153 increased, 1,195 reduced and 1,005 closed positions. Its largest new stake was PepsiCo: 2,223,276 shares worth $199M. The largest sale was Verizon, an estimated $193M.
By sector, the portfolio is most concentrated in Energy at 15% of assets, up from 13% a quarter earlier, followed by Healthcare and Utilities.
- Israel Englander's largest Q2 2014 buy was PepsiCo: 2,223,276 shares worth $199M.
- Israel Englander added most to Exelon in Q2 2014, an estimated $175M increase.
- Israel Englander's biggest Q2 2014 reduction was Verizon, cutting an estimated $193M.
- Israel Englander fully exited Home Depot in Q2 2014, selling an estimated $108M.
- Israel Englander's ten largest holdings make up 9.6% of its $36.1B portfolio in Q2 2014.
- Israel Englander opened 944 new positions and closed 1,005 in Q2 2014.
- Israel Englander's portfolio value rose 4.6% quarter-over-quarter to $36.1B.
Based on Millennium Management's 13F filing for Q2 2014, filed 14 Aug 2014.